Usd/cad

[lurzaimran]

Friday, April 20th, 2007 (8:30 am New York Time) CANADA
Then we have Canadian Retail Sales coming out. We have two numbers, the headline number and the less autos number. The less autos number will probably be the more important number, so that's what I will focus on. Like the UK, it's expected to come out at 0.5% or so. If it comes out at 1.0% or higher, that would mean that the Canadian Retail Sector is doing extremely well, and USD/CAD may possibly go down by 40 pips or more in the first 30 minutes of the report. If the number comes out at 0.0% or lower, it would mean that Canadian retail sales didn't grow at all in the month of February, so USD/CAD may possibly go up by 40 pips or more in the first 30 minutes of the report. I may also use less conservative triggers, depending on the price before the report. You can too, just expect a smaller move.

[nonamer]

i get 13+14 pips ...using break out ... ...so far so good ...

[cardilacsport]

yeah.i think usd will go strong against the cad

[nonamer]

to night ...the important news for usd/cad ......
9:00am CAD Interest Rate Statement High Impact Expected
4.25% previous
4.25% forecast

so be ready ....

[nonamer]

the figure out as expected ...but movement not show yet ...i just get 10 pips+10 pips ..i think maybe trader waiting news USD at 10.00..
so watch out

9:00am CAD Interest Rate Statement High Impact Expected
4.25% previous
4.25% forecast
4.25% actual

[nonamer]

BoC unlikely to have shaken solid CAD tone
Tue Apr 24 15:33:00 2007(EST)

USD/CAD, after moving up and down in the immediate aftermath of the BoC statement, has stabilised at a marginally higher level. That the BoC has recognised a slight upside tilt to the risks on inflation may not have been as hawkish as some had been looking for, but does show that firm CPI data has been noted. That the main downside risk comes from the US economy suggests USD/CAD could still head lower even were the downside risks to materialise. USD/CAD's performance reflects pre-statement positioning for a hawkish talk rather than anything dovish in the statement. Fundamentals remain CAD supportive

[azuarsattar]

This week expected range for ucad should be around 1.1249 to 1.1077

[emas]

i try elliott wave on this pair at 16 April ...



this is the result



After make a big move usd/cad at low point it a good time to make revesal move
will see what happen next ....
any comment?

[skyhit]

2-5-2007
usd/cad 1.1070
i see still want make down tren (my predict)

[skyhit]

07-05-2007
USD/CAD 1.1075
Buy at 1.1249, S/L 1.1181
Bearish at 1.1531, Profit S/L 1.1139

[rodman21]

USD/CAD has been stalled for the moment near the upper TL at 1.1065. Looks like the mkt will see a modest setback now before attempting a 1.1065 breakout toward 1.1092. So far, the extremely minor support level at 1.1005 has been able to hold

[Ranger]

USD/CAD will fly above 1.1100 as the market price actions will support the dollar

[skyhit]

10-05-2007
usd/cad 1.1055
buy at 1.1080 stop lost at 1.1045

[rodman21]

USD/CAD has been able to see a modest bounce spark off the 1.1045 level, but the mkt would still need a run through 1.1092 in order to carve out a limited rebound to 1.1143. If the mkt fails to hold 1.1045/40 later in the NY day then downside risk is back to 1.1005.

[rodman21]

USD/CAD is still boxed in between 1.1092/46 for the moment, but the hourly chart setup indicates that this 46 pip wide range can break real soon. We will assume that there will be a bit more ranging action first before the mkt attempts to seek slightly higher ground to 1.1143.